Offshore bond from Matrix

Matrix Money Management's recently launched Dublin-based fund of hedge funds will also be available via an offshore bond.

The offshore bond route provides a tax-efficient route into the fund for private investors, as it allows them to take 5% out of the fund as tax-free income for 20 years.

Matrix has already made arrangements with Skandia Life, Canada Life and Clerical Medical to distribute wrappers for the fund.

The Matrix Conservative Approach Strategy fund invests in long/short, market ne